Inverness Community Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 30,807 | 32,850 | −2,043 | 4.8 | 0% |
| 2012 | 32,775 | 29,967 | 2,808 | 6.4 | 0% |
| 2013 | 34,506 | 35,388 | −882 | 5.1 | 0% |
| 2014 | 37,947 | 43,658 | −5,711 | 2.6 | 0% |
| 2015 | 32,325 | 37,105 | −4,780 | 1.5 | 0% |
| 2016 | 5,547 | 5,091 | 456 | 11.7 | 0% |
| 2020 | 3 | 13 | −10 | -4562.8 | — |
In its most recent public year (2020), this organization spent $10 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-4562.8 months), down from 4.8 in 2011.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2020. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Inverness Community Association's IRS filings as a feed — one entry per filing year, through 2020. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works